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4 Bed Quadruplex in Victoria

$1,399,999

1157 Princess Ave
MLS® NO: 1049112

Description

BC Assessment $1.579,000. Exceptional Investment Opportunity in Fernwood. Unveil a unique investment gem in the heart of Fernwood with this 4-unit character conversion property. Well-preserved to highlight its original architectural details, this residence unites historic elegance with contemporary comfort. Each of the 4 charming 1-bedroom units is ideal for singles or couples, boasting hardwood floors, generous kitchens, and impressive ceilings—10 feet on the main floor and 9 feet on the upper level. The property also includes a non-legal bachelor suite in the basement, adding potential for additional income. This character conversion property is a prime investment for keen investors. With the high demand for distinctive rental spaces, this 4-unit beauty is poised to attract tenants swiftly. Located near bus routes, schools, shopping, and all the amenities Victoria has to offer, convenience is at your doorstep. Seize this rare opportunity to invest in a truly exceptional property in Fernwood.

General

Property Type:Quadruplex
Title of Ownership:LOT 13, BLOCK 4, PLAN VIP62, SECTION 3, VICTORIA LAND DISTRICT
Layout:Main Level Entry with Lower/Upper Lvl(s)
Taxes:$9,131
Tax Year:2026
Finished Sq. Ft.:3,198
Unfinished Sq. Ft.:1,235
Year Built:1911

Building Details

Foundation: Poured Concrete, Slab
Roof: Asphalt Shingle
Heat/Air: Baseboard

Site Influences

Lot SqFt: 7,200
Acres: 0.17
Lot Shape: 60x120
Water: Municipal
Waste: Sewer Connected
Zoning: R-2 Two Family Dwelling
Parking: Carport, Carport Triple, Detached, On Street
Lot Features: Central Location, Easy Access, Level, Shopping Nearby, Sidewalk

Room Dimensions

Level 1 - 1,455 sqft

Entrance:16'6"x12'0"
Bedroom:9'0"x10'10"
Bathroom:4-Piece piece
Bedroom:11'3"x13'9"
Bathroom:4-Piece piece
Kitchen:5'5"x11'2"
Kitchen:8'8"x12'0"

Level 2 - 1,435 sqft

Bedroom:12'5"x14'2"
Kitchen:10'9"x6'7"
Bathroom:4-Piece piece
Bedroom:10'0"x14'5"
Kitchen:10'10"x6'6"
Bathroom:4-Piece piece

Level 3 - 318 sqft

Kitchen:8'0"x8'0"
Bathroom:3-Piece piece

Level 4 - 0 sqft

Other - 0 sqft

Property Details

Beds: 4
Baths: 5
Sq. Feet: 3,198
Year Built: 1911
Property Type: Quadruplex
Municipality: Victoria

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Listed with:

Jerry Bola - eXp Realty

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.